| OTCM Exchange | United States Country |
The fund described focuses on investing primarily in the stocks that make up the NASDAQ 100 Index®, adhering to a strategy of mimicking the index's market capitalization weighting. This approach aims to invest at least 80% of its total assets, which includes net assets plus any borrowings for investment purposes, in these stocks. The NASDAQ 100 Index® is known for comprising 100 of the largest non-financial firms, both from the domestic and international markets, that are listed on the Nasdaq Stock Market. Despite its strategy of mirroring a broad market index, the fund operates as a non-diversified investment, indicating a potentially higher risk and reward profile due to its selective concentration in the NASDAQ 100 constituents.
The primary product offered by the fund is its investment vehicle that closely follows the NASDAQ 100 Index®. Below is a detailed look at this product:
This product is designed for investors looking to gain exposure to 100 of the largest non-financial companies listed on the Nasdaq Stock Market, reflecting a comprehensive cross-section of industries. By investing at least 80% of its assets in the stocks comprising the NASDAQ 100 Index®, the fund aims to achieve returns that closely match the performance of the index. The investment is characterized by its market capitalization weighting methodology, which means that the proportion of funds invested in each stock mirrors the stock's weight within the index itself. This product is ideally suited for investors seeking growth through exposure to top-tier non-financial companies in a diversified yet focused manner.